Selling Spree! Dolly Khanna Trims Stake in 5 Stocks, Exits One in Q3. Do You Own Any?
Ace investor Dolly Khanna adopted a cautious strategy in Q3FY26, selectively reducing stakes in five stocks and possibly fully exiting one. Known for her knack for identifying small-cap multibagger stocks early, Khanna’s recent moves reveal a defensive approach amidst market volatility. Here’s a closer look at her portfolio adjustments for the quarter.
Key Portfolio Changes by Dolly Khanna
– Exited Stock:
– Prakash Pipes: Khanna appears to have exited her position entirely or dropped below the 1% disclosure threshold. Prakash Pipes, which specializes in manufacturing PVC pipes and fittings for various sectors, has seen its stock plummet nearly 50% over the last six months.
– Reduced Stakes:
– GHCL: Reduced her holding to 1.07% from 1.21%, as per the Bombay Stock Exchange’s official data. GHCL is a leading manufacturer of soda ash and sodium bicarbonate, both of which are crucial for detergents, glass, and batteries. The stock has declined by 27% in the past year.
– Emkay Global Financial Services: Cut her stake to 2.3% down from 2.7%. Emkay Global has seen significant growth, delivering over 300% returns in the last five years.
– Prakash Industries: Reduced her stake to 2.57% from 2.94%. This company, involved in mining and steel manufacturing, has faced a 33% stock decline in the past six months.
– Som Distilleries: Reduced her holding to 2.07% from 2.4%. Som Distilleries specializes in alcoholic beverages and has seen its stock price fall by 40% in just half a year.
– Coffee Day Enterprises: Pared her stake to 1.7%, down from 2.2%. The parent company of Café Coffee Day operates in various sectors, including hospitality and technology parks, but its stock has dipped nearly 10% over the last six months.
New Addition to Khanna’s Portfolio
– IFB Agro Industries: Khanna has added a 1.13% stake, equivalent to 1 lakh shares. This investment is intriguing, especially since IFB Agro’s stock has surged by 105% in the past six months. The company is involved in multiple sectors, including alcohol manufacturing and processed marine foods. Recent financial reports indicate a significant rebound, with Q2FY26 profits soaring to Rs 22.70 crore, compared to just Rs 2.09 crore a year earlier, while revenue also grew by 38.9% year-on-year.
Conclusion: Dolly Khanna’s Cautious Approach
As investor sentiment shifts amidst geopolitical uncertainties and market volatility, Dolly Khanna’s cautious stance reflects a broader trend among seasoned investors. Her selective approach highlights the importance of assessing risk and navigating market fluctuations prudently. If you own any of the stocks in her trimmed portfolio, it might be worth reevaluating your investment strategies in these uncertain times.